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thank you very much a reminder to all of you tomorrow, president obama, governor romney do kick off the first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our senior correspondent scott cone has been working on the case. scott? >> sue, under the head nothing good deed goes unpunished, if how you characterize the takeover of bear stearns, the federal government for the $10 a shake jpmorgan got not only bear stearns' assets but liabilities, including, authorities say responsibility four some of the most egregious conduct in the financial crisis you churning out residential mortgages by the thousands, bundling them into what the firm told investors were quality securities, knowing all along many of the mortgages were duds a systemic fraud on thousands of investors,
thank you very much a reminder to all of you tomorrow, president obama, governor romney do kick off the first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our...
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Oct 8, 2012
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will romney in the debate next week talk about a benghazi security cover-up regarding the baha obama white house? >> thanks for letting me be on. benghazi has to be seen we had 20 embassies in the greater middle east where demonstrations took place. we had four compounds breached, american flags burns and the black flag of al qaeda raised. it was a disgraceful day, and it was evidence of a failed middle east policy. on benghazi itself, governor romney's been very clear. the president of the united states owes the american people candor and transparency on what's happened. that clearly has been a test which has been failed. they started talking about the spontaneous eruption that was incredible on 9/11, and this is a video that's been around for months. second, we have the type of equipment used. third, we now know there were intelligence reports. fourth, wern the ambassador was concerned about the security, and fifth, we had a stonewalling for days and days with this very story. >> that's the key point with ambassador rice making the runs. larry, do you agree with rich williamson, la
will romney in the debate next week talk about a benghazi security cover-up regarding the baha obama white house? >> thanks for letting me be on. benghazi has to be seen we had 20 embassies in the greater middle east where demonstrations took place. we had four compounds breached, american flags burns and the black flag of al qaeda raised. it was a disgraceful day, and it was evidence of a failed middle east policy. on benghazi itself, governor romney's been very clear. the president of...
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Oct 6, 2012
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gets re-elected -- and i know there was a lot of excitement with romney this week -- >> right. >> -- i think he still gets elected, and i think some air comes out of these stocks. >> and i want you to explain vol differential to all the audience. but in the meantime we're going to explain the put calendar, which is the trade that you're putting on tonight, dan. we've done calendars before, of course, but it's always good to refresh, so let's crack open the playbook and see how this thing works. in this strategy you sell in your data put and use that money to buy a longer data put of the same strike. this is a bearish strategy. it does require timing though. you want the stock to be above the strike of the put you're short by the first expiration but below the strike of the longer data put that you were long by the second expiration. so, dan, walk us through the trade. >> sure. so i did this today, and here's the thing. i'm going to do this trade in earnest next week, wednesday or thursday prior to earnings because like you said, you've got to thread the needle here and you've got to
gets re-elected -- and i know there was a lot of excitement with romney this week -- >> right. >> -- i think he still gets elected, and i think some air comes out of these stocks. >> and i want you to explain vol differential to all the audience. but in the meantime we're going to explain the put calendar, which is the trade that you're putting on tonight, dan. we've done calendars before, of course, but it's always good to refresh, so let's crack open the playbook and see how...
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Oct 9, 2012
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just a few weeks ago team romney was considering giving up in ohio. maybe the most important state in 2012. now there the romney plan is to push harder. he came to dusty iowa on his way to iowa. today about a navy s.e.a.l. romney went to a party. >> you can imagine how i felt when he was one of the two navy s.e.a.l.s killed on september 11th, it touched me obviously. >> after the debate romney soared over obama. today as president obama bheade to ohio the poll put him two points behind him. >> somebody is cracking down on big bird. he put up a cable tv add. >> big, yellow and a men nnace our economy. >> team obama overflew the mess sake today. i actually think we need a president that talks about saving the economy and jobs and our future. >> with romney ahead among the likely voters and the bigger group of voters, democrats figure more than ever larry, that turnout will determine who wins. >> many thanks to steve. now it seems that president obama has done nothing but defend big bird and call romney a liar on taxes since the debate. it looks to me li
just a few weeks ago team romney was considering giving up in ohio. maybe the most important state in 2012. now there the romney plan is to push harder. he came to dusty iowa on his way to iowa. today about a navy s.e.a.l. romney went to a party. >> you can imagine how i felt when he was one of the two navy s.e.a.l.s killed on september 11th, it touched me obviously. >> after the debate romney soared over obama. today as president obama bheade to ohio the poll put him two points...
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Oct 2, 2012
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b obama has the lead. we still have a month to go. the next two weeks with three presidential, one vice presidential debates, we have a chance for mitt romney to set a different impression with the american people than he's been able to do so far. who knows what president obama will do and what events are happening in the world. but i'm not sure other than some tightening from a little surge that obama had which i think is receding a little bit, i'm not sure what nate is talking about. >> john, you wrote a column that talks about the debates and the impact of the debates traditionally. and made the case that traditionally it makes very little impact. >> there are many individual moments that make an impression. but to fundamentally change where a race is going is very rare and you need a combination of events. the example that i used in that piece, andrew, was 2000, al gore had a lead of about what president obama has now entering the debates against george w. bush. he had a reputation as a strong debater. his body language was off, h
b obama has the lead. we still have a month to go. the next two weeks with three presidential, one vice presidential debates, we have a chance for mitt romney to set a different impression with the american people than he's been able to do so far. who knows what president obama will do and what events are happening in the world. but i'm not sure other than some tightening from a little surge that obama had which i think is receding a little bit, i'm not sure what nate is talking about. >>...
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Oct 3, 2012
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but at least right now while we assume that the markets priced in an obama victory i honestly think the market right now has its eyes on earnings over the next four weeks and when the election comes, they're going to deal with that election. we've all talked so much about these fiscal issues but either way, whether for good or bad, they're going to get resolved the first tuesday in november. regardless of who wins. so i think earnings right now are driving things but, yes, i agree with art that at least for the last two months of the year a romney win will lead to a rally in the market. i think an obama win will just continue to focus on what's going to be very difficult third and fourth quarter earnings which could lead us lower. >> it is nice to hear that actually earnings may matter for stock prices. that is a shock of shocks, peter. >> thank you. >>> be sure to catch tonight's first presidential debate right here on cnbc. the pre-game show, if you will. starting at 8:00 p.m. eastern. the debate gets under way at 9:00. >>> let's get a market flash with seema. >> alere reached an agre
but at least right now while we assume that the markets priced in an obama victory i honestly think the market right now has its eyes on earnings over the next four weeks and when the election comes, they're going to deal with that election. we've all talked so much about these fiscal issues but either way, whether for good or bad, they're going to get resolved the first tuesday in november. regardless of who wins. so i think earnings right now are driving things but, yes, i agree with art that...
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Oct 3, 2012
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president obama and mitt romney have jabbed at each other from afar for weeks, but now they get to do it face to face as they get set tonight for their first debate. slipping growth hits home in china's resilient services sector. >>> and more signs of trouble for the spanish government as the latest figures show its corporate tax revenue has tumbled. mariano rajoy issues the latest denial that he's ready for a bailout. >>> we now have the latest numbers crossing for the eurozone services pmi. the september final services read coming in at 46.1. an improvement that we have seen from the 46 number. this is still the lowest level we're seeing since 2009. the forward indication 49.4. in terms of what we're seeing on the final comp sit pmi, this is above the 45.9 read that we have, but just a fraction below what we saw in august, the rate was 46.3 then. this is the lowest read since may 2009. in terms of new business number for the composite september rate, 43.8. we're still right back at some of these 2009 lows. >>> elsewhere, the numbers are not that much better. lisa has more on these n
president obama and mitt romney have jabbed at each other from afar for weeks, but now they get to do it face to face as they get set tonight for their first debate. slipping growth hits home in china's resilient services sector. >>> and more signs of trouble for the spanish government as the latest figures show its corporate tax revenue has tumbled. mariano rajoy issues the latest denial that he's ready for a bailout. >>> we now have the latest numbers crossing for the...
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Oct 5, 2012
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down about 11.5% for the week. rough week for chipotle. back to you. >> cover the kids' ears. "sesame street" is now a political football. mitt romney shot at funding pbs at wednesday's debate. >> today, president obama took it on as well. >> for all you moms and kids out there, don't worry, somebody is finally getting tough on big bird. rounding him up. elmo's got to watch out too. governor romney plans to let wall street run wild again, but he's going to bring down the hammer on "sesame street." >> i know everybody wants to be sympathetic to big bird and to "sesame street." i love the product. it was started the year i was born. >> thanks, bring that up. >> why does taxpayer money need to go to a product that is clearly so profitable? they have toys. they have games. they make money from licensing and revenue. why do taxpayers have to subsidize that? as a stand alone business, "sesame street" will do just fine. >> doesn't the profit from all those toys go to the nonprofit group? there's a children's television workshop that gets the money. >> they nonprofit, so why does taxp
down about 11.5% for the week. rough week for chipotle. back to you. >> cover the kids' ears. "sesame street" is now a political football. mitt romney shot at funding pbs at wednesday's debate. >> today, president obama took it on as well. >> for all you moms and kids out there, don't worry, somebody is finally getting tough on big bird. rounding him up. elmo's got to watch out too. governor romney plans to let wall street run wild again, but he's going to bring down...
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next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fell wloe on stage last night said he didn't know anything about that. >> the president's vision is trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes through freedom. >> president of the committee for responsible federal budget, director of the fiscal policy program, as well, and joins us now. have you heard anything -- have you heard enough of of a commitment from either side of the aisle that you thought might actually work? >> well, what we didn't hear was enough specifics. so i think the good news is that that
next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that...
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Oct 1, 2012
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. >> three months after supreme court justice moved to the right and passed obama care. pete williams has some details. >> reporter: larry, this is shaping up to be a court term dominated by civil rights beginning with a case that will be argued next week on affirmative action, colleges nationwide use it believing that a more racially diverse campus provides a better education. the court gave a green light to that practice seven years ago, but since then has become more skeptical. sandra day o'connor who has since left the court. the court will almost certainly hear a challenge to the voting rights act. the section that says states have to get federal permission before they make any changes to their elections if those states have a history of discrimination. the states say the map that's used to determine how they need to get that clearance is out of date and three years ago the court agreed with that. and almost certainly it will take up the challenge to the defense of marriage act. that's the act signed by president clint preside president clinton that says that -- >>
. >> three months after supreme court justice moved to the right and passed obama care. pete williams has some details. >> reporter: larry, this is shaping up to be a court term dominated by civil rights beginning with a case that will be argued next week on affirmative action, colleges nationwide use it believing that a more racially diverse campus provides a better education. the court gave a green light to that practice seven years ago, but since then has become more skeptical....
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Oct 8, 2012
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obama's favorite bankers. before we get to the deficit and all of the debates last week. were you depressed, unhappy, miserable? give us an adjective. >> well one, i'm not depressed. i see joe smiling. he's not going to yell at me today. >> there's a number of polls, an enthusiasm gap. >> i wouldn't say that. governor romney had a very good debate, no question, he put on a great show, but to me i think we should be focusing, this is a business show on friday's unemployment number, which was a great number, and not a surprise, based on what the economy's been doing over the last three years. >> 114,000 is not a great number. >> 140,000 on average over the last six months. >> what came out on friday was below expectations for 114,000. >> you know what revisions has done each month so we should look to see where the revisions are. i think if you look over this year, you're averaging about 140,000, i think we should -- >> 140,000 is anemic and not enough to bring down the rate even though it has somehow. >> i would look at it differently. i think over the last three years the
obama's favorite bankers. before we get to the deficit and all of the debates last week. were you depressed, unhappy, miserable? give us an adjective. >> well one, i'm not depressed. i see joe smiling. he's not going to yell at me today. >> there's a number of polls, an enthusiasm gap. >> i wouldn't say that. governor romney had a very good debate, no question, he put on a great show, but to me i think we should be focusing, this is a business show on friday's unemployment...
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Oct 4, 2012
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i expect barack obama to come back in two weeks and be far more effective. but the spin from the democrats, i've got to admit, has been pretty weak. >> if you are in charge of prep for them over the next two weeks, how would you alter strategy, if at all? >> well, the for matt is an interesting one that should play to barack obama's strength. it's a town hall format. you'll see a far more aggressive president and he'll try to put him on defense. the question, really, is it's got to be on issues of foreign policy and areas where he might get to do that. so interesting time for the president. and like i said, the hardest part about this and out of all the element os testify campaign, debates are the worst. it parolizes the campaign. it seizes up, particularly if you come out of the gate and do not have a good performance. it puts all the pressure on the president, puts pressure on the staff. so the next two weeks, not going to be fun in the obama camp but i would expect a sharper more offensive-minded debate. >> as you point out, you're dealing with an area wh
i expect barack obama to come back in two weeks and be far more effective. but the spin from the democrats, i've got to admit, has been pretty weak. >> if you are in charge of prep for them over the next two weeks, how would you alter strategy, if at all? >> well, the for matt is an interesting one that should play to barack obama's strength. it's a town hall format. you'll see a far more aggressive president and he'll try to put him on defense. the question, really, is it's got to...
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i've been blogging and interviewing him for weeks and weeks to tell me and he drops that bomb before this local guy. >> he's getting so pressure to come out with specifics here. >> he's got to give specifics on loopholes and spending. but president obama has to give specifics too. we don't know where he's going in a second term. because he's never said. >> exactly. and he's not getting the pressure the way romney is. larry, we'll talk to you during the show. you're going to be here watching this debate and analyzing it. joining us now is ron paul. representative paul is a staunch critic of the fed. certainly fed jim bernanke and a big hawk about our deficit. good to have you on the program. >> thank you, maria. good to be with you. >> what are you expecting? do you think governor romney comes out swinging right off the bat? what do you think he is going to be pressured and asked about in terms of specifics on his economic plan? >> overall i don't expect a whole lot of specifics from either one. in the last several weeks the whole of the discussion has been on debate techniques and wh
i've been blogging and interviewing him for weeks and weeks to tell me and he drops that bomb before this local guy. >> he's getting so pressure to come out with specifics here. >> he's got to give specifics on loopholes and spending. but president obama has to give specifics too. we don't know where he's going in a second term. because he's never said. >> exactly. and he's not getting the pressure the way romney is. larry, we'll talk to you during the show. you're going to be...
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democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can keep it going or whether president obama comes out with a higher level of aggression, higher level of energy in the next debate and stop the momentum that romney accumulated last night. >> okay. yeah, i had so many different thoughts, john, as we watched the whole thing. i remember that a lot of republicans were supporting newt gingrich because just for this moment, they wanted -- they thought newt was such a great debater, they wanted to see someone like newt talk to president obama about his policies and about the last four years. and they thought newt would
democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can...
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didn't have to argue this would be an obama rally. >> i would think so. same people who were trying to push the victory leading to the prices yesterday how do they figure the unemployment numbers here. so what we're really seeing and i wrote about it in my comments this morning, is we're still going by europe is driving the bus. and yesterday was moving up. could you see some romney influences? the coal companies that he mentioned and some of the health care people and you can see some of the obama influences. but that's kind of the backdrop. the reason why the numbers look disproportional says a blot our mrk markets being illiquid. >> what does it mean about merkel going to greece. is that pivotal? >> i'm not sure unless there's a surprise. poor greece is out there festering. everybody is concentrating on spain. greece has not been solved. would be good to solve it. but that doesn't change anything about spain which is a much bigger factor and spain brings in the challenge of italy behind it. so that the game has moved up field a little bit here. so, you
didn't have to argue this would be an obama rally. >> i would think so. same people who were trying to push the victory leading to the prices yesterday how do they figure the unemployment numbers here. so what we're really seeing and i wrote about it in my comments this morning, is we're still going by europe is driving the bus. and yesterday was moving up. could you see some romney influences? the coal companies that he mentioned and some of the health care people and you can see some of...
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or president obama for another four years. >> what, if it's over 150? >> i think if it's over 150, you're going to see him a whole lot for the week after that, talking about jobs and how he's creating jobs, yeah. >> um-hum. >> i know that doesn't make you happy. we can pile that on your unhappiness for the -- >> you're just saying either/or, you're not predicting what's going to happen with jobs, right? >> well i've seen as high as 130, as low as 100. i think it's a little too early to talk about it. i think it will be on the low side of that range, but that's why i think under 100 is bad and above 150 would be great. >> the bad numbers really haven't hurt him recently so i don't know if the good number -- i don't know at this point and what's the participation rate going to do? how are they going to play around with that this time, going under eight by the election? >> well, if participation continues to fall off, then yeah. >> right. >> unfortunately that's a pretty wonky, geeky conversation to have. >> doesn't matter if it's under eight, if he can cl
or president obama for another four years. >> what, if it's over 150? >> i think if it's over 150, you're going to see him a whole lot for the week after that, talking about jobs and how he's creating jobs, yeah. >> um-hum. >> i know that doesn't make you happy. we can pile that on your unhappiness for the -- >> you're just saying either/or, you're not predicting what's going to happen with jobs, right? >> well i've seen as high as 130, as low as 100. i think...
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president obama among likely voters leads by three points, 49 to 46. that's down from a five-point edge that he had in our poll just about three weeks ago. if you also look at the nbc "wall street journal" maris swing state polls, he's pulled even with president obama in the state of florida. that's the biggest swing state, 29 electoral votes. if you go then to virginia, he's also pulled within two points in virginia. he had been down four or five before. the bad news for romney in these three polls is that in ohio, a state that is critical, romney strategists think they have to win florida and ohio to get to 270 electoral votes. he's still down eight percentage points, and what we've seen across these polls is that obama is increasingly competitive with romney on who would do best to handle the economy. but the fact that we've got a little bit of movement nationally and movement in florida and virginia tells me that there's still some play in this electorate, in this contest, and that's the hope for romney going into this debate tonight. >> what do yo
president obama among likely voters leads by three points, 49 to 46. that's down from a five-point edge that he had in our poll just about three weeks ago. if you also look at the nbc "wall street journal" maris swing state polls, he's pulled even with president obama in the state of florida. that's the biggest swing state, 29 electoral votes. if you go then to virginia, he's also pulled within two points in virginia. he had been down four or five before. the bad news for romney in...
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. >>> less than 24 hours from now with the election just five weeks away, president obama, mitt romney are going to face off in their debate. an estimated 50 million people are expected to watch. both men have been prepping very heavily. they know the stakes. history has shown that presidential debates can shift a race. joining me now is alan schroeder, professor of the school of journalism in northeastern university in boston, author of "presidential debates, 50 years of high risk tv." also, patrick milsap, republican strategists who served as chief of staff in newt gingrich's presidential campaign. patrick, you say newt gingrich's famous pious baloney line was one of his strongest hits against mitt romney during the primary debates. i want to play that for our viewers who don't remember. take a look. >> can we drop a little bit of the pious baloney? the fact is you ran in '94 and lost. that's why you -- this idea that suddenly citizenship showed up in your mind, just level with the american people. you've been running for at least since the 1990s. >> i'm curious how much of those kin
. >>> less than 24 hours from now with the election just five weeks away, president obama, mitt romney are going to face off in their debate. an estimated 50 million people are expected to watch. both men have been prepping very heavily. they know the stakes. history has shown that presidential debates can shift a race. joining me now is alan schroeder, professor of the school of journalism in northeastern university in boston, author of "presidential debates, 50 years of high...
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weeks. no mention of that. no mention of bain capital. no mention of the tax returns. no mention of outsourcing. and so it seems to me that the president is going to have to look for opportunities, which by the way i think mitt romney handed him last night, but he just didn't seem to hear them. >> he wasn't either prepared or didn't want to get into that kind of debate. >> right. >> so what did romney do last night that we probably haven't seen before? >> well, i think he managed to do a couple of things really well. and i want to play this one bite for you then we can talk about it. >> i just don't know how the president could have come into office facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table and spend his energy and passion for two years fighting for obama care instead of fighting for jobs for the american people. it has killed jobs. >> the big thing he did is that he seemed to be able to relate almost every answer to job creation. and
weeks. no mention of that. no mention of bain capital. no mention of the tax returns. no mention of outsourcing. and so it seems to me that the president is going to have to look for opportunities, which by the way i think mitt romney handed him last night, but he just didn't seem to hear them. >> he wasn't either prepared or didn't want to get into that kind of debate. >> right. >> so what did romney do last night that we probably haven't seen before? >> well, i think...
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. >>> less than 24 hours from now, with the election five weeks away, president obama and mitt romney will face off. presidential debates can shift race. joining me now alan schroeder, a professor of the school of journalism in northeast university in boston. author of "presidential debates, 50 years of high-risk tv" and patrick mill sapz who served as chief of staff in newt gingrich's campaign. you say the pie is baloney line is one of his strongest hits during his campaign run against mitt romney. >> can be drop some of the pious baloney? you ran in '94 and lost. that's why you weren't serving in the senate for rick santorum. suddenly citizenship showed up in your mind, level with the american people. you have been running since the 1 990s. >> how much of those zingers are prethought out and what does mitt romney have to do to avoid taking a big hit tomorrow night? >> that was all newt. part of great thing about newt, he knew the topic, knew the weak points, but prepared to answer the question. if you can come up with pious baloney, that puts a cherry on top. if you googled baloney
. >>> less than 24 hours from now, with the election five weeks away, president obama and mitt romney will face off. presidential debates can shift race. joining me now alan schroeder, a professor of the school of journalism in northeast university in boston. author of "presidential debates, 50 years of high-risk tv" and patrick mill sapz who served as chief of staff in newt gingrich's campaign. you say the pie is baloney line is one of his strongest hits during his campaign...
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you can watch the vice presidential debate right here on cnn this week. joe biden/paul ryan go at it on thursday. the coverage begins at 7:00 eastern time. >>> the rumble in the air-conditioned auditorium lived up to the name last neat. fox news host bill o'reilly and jon stewart faced off in a debate at george washington university. some found it more entertaining than the presidential one. >> in man has offended -- this man over here has offended every single american. are you go to stand there -- are you sitting or standing? >> i read the bible. >> we are only as good as dpaish. >> i am short, but when you tell me i'm short, i don't blame the liberal weights or measures bureau or suggest my numbers are skews and i'm really 6'1" if only the lame street media would tell people. i trust i'm 5'7". >> you don't know this, but the feds pay for that licft. all right? >> if you missed it last night watch it online at therumble2012.com. >>> people are lining up to stroet for president, but the man they hope to elect is in ven venezuela. we'll go there live. the
you can watch the vice presidential debate right here on cnn this week. joe biden/paul ryan go at it on thursday. the coverage begins at 7:00 eastern time. >>> the rumble in the air-conditioned auditorium lived up to the name last neat. fox news host bill o'reilly and jon stewart faced off in a debate at george washington university. some found it more entertaining than the presidential one. >> in man has offended -- this man over here has offended every single american. are you...
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answer last week. and what you've seen the obama campaign do is lit gate tigate t debate argument that mitt romney was dishonestanswer last week. and what you've seen the obama campaign do is litigate the post debate argument that mitt romney was dishonest during the first faceoff, so they'll be hammering him on that, putting big bird out on the campaign trail, he they have the new ad that came out this morning showing mitt romney going after big bird. and we also had a chance to ask kevin madden about that and he said, hey, wait a minute, this is troubling that this is what the obama campaign has resorted to. and all morning long, romney and republican party officials have been blasting out e-mails to reporters showing what president obama said back in 2008 when he was center obama at the democratic convention when he said when you're in trouble out on the campaign trail, sometimes you make these campaigns about small things and that's what the romney campaign is accusing the president of doing right
answer last week. and what you've seen the obama campaign do is lit gate tigate t debate argument that mitt romney was dishonestanswer last week. and what you've seen the obama campaign do is litigate the post debate argument that mitt romney was dishonest during the first faceoff, so they'll be hammering him on that, putting big bird out on the campaign trail, he they have the new ad that came out this morning showing mitt romney going after big bird. and we also had a chance to ask kevin...
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>> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. an intriguing week politically, especially given 32 days before the election. let's start with the job figures today. because it's clearly good news for barack obama politically if nothing else. >> not only the numbers today but the revisions for the last two months. we seem to really be on a trajectory and you know, this is going -- apparently what really matters is not the economy for the year but the economy at the moment as people approach the election. people are beginning to vote. >> the good news for barack obama there. not so good news his performance at the debate. common consensus is a bit of a turkey. >> he blew it. >> why did he blow it? he's such a skillful orator usually. >> it's a paradox. he's a skillful communicator at his best and he was really at his worst. there are various th
>> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. an intriguing week politically, especially given 32 days before the election. let's start with the job figures today. because it's clearly good news for barack obama politically if nothing else. >> not only the numbers...
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this last week. the debates will likely be a different story because this weekend the death toll for americans in the war surpassed the 2000 mark. the soldier who made the helmet cam video suffered only minor wounds and has returned to duty. but it's amazing that he suffered only minor wounds when you see this incredible story. his fight to survive is gripping. take a look. >> fire! hey! i'm moving down! ah! ah! [ bleep ]! oh! i'm hit! i'm hit! i'm hit! i'm hit! ah! [ bleep ] help me! i'm hit! i'm hit! i'm hit! i'm hit! i'm hit! i'm hit! i'm hit! i'm hit! >> lest we forget what our men and women have been going through in afghanistan for the last 11 years. joining us now cnn contributor, i need to reiterate the number of times we heard that soldier yelling i'm hit, i'm hit. he was not shot, but the shrapnel from that gun being fired out of his hand did injure him. he did sustain minor injuries, the pentagon confirms for us. i need to get your reaction. you have seen more combat than everybody in this
this last week. the debates will likely be a different story because this weekend the death toll for americans in the war surpassed the 2000 mark. the soldier who made the helmet cam video suffered only minor wounds and has returned to duty. but it's amazing that he suffered only minor wounds when you see this incredible story. his fight to survive is gripping. take a look. >> fire! hey! i'm moving down! ah! ah! [ bleep ]! oh! i'm hit! i'm hit! i'm hit! i'm hit! ah! [ bleep ] help me! i'm...
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romney's favorability is moving up, obama's are moving down. mitt romney's winning independents. >> it is just amazing how quickly narratives change in this election. last week, it was, you know, doomsday for romney, then the debate happened. who knows what it's going to be next week. is it still wide open? >> i think it's moved from a race that was heavily tilted toward obama, the president was just beating romney as a campaigner, and the debate has now made it much more of a horse race, and we're likely to see fluidity right to the end and the win may go because we see these numbers move three, four points on a debate, it may be a couple points on the unemployment numbers. the win may go to the guy who has the last big play. who has the last big favorable play. i don't think these debates are fool's gold. i know cornell wouldn't have said that if obama had won. i think they were really important turning point but it's turned it into a much, much closer race. >> cornell, ari, david, thank you. fascinating stuff. >> thank you. >>> let us know w
romney's favorability is moving up, obama's are moving down. mitt romney's winning independents. >> it is just amazing how quickly narratives change in this election. last week, it was, you know, doomsday for romney, then the debate happened. who knows what it's going to be next week. is it still wide open? >> i think it's moved from a race that was heavily tilted toward obama, the president was just beating romney as a campaigner, and the debate has now made it much more of a horse...
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next week. likewise, a study by mckenzie and company said 30% are anticipating dropping them from coverage. for those reasons, for the tax, for medicare, for this board, and for people losing their insurance, this is why the american people don't want obama care. it's why republicans said do not do this. and the republicans had a plan. they put a plan, a bipartisan plan. it was swept aside. i think something this big, this important, has to be done on a bipartisan basis. we have to have a president that can reach across the aisle and fashion legislation with input from both parties. >> governor romney said this has to be done with a bipartisan basis. this was a bipartisan idea, in fact, a republican idea. governor romney at the beginning of this debate wrote and said, what we did in massachusetts could be a model for the nation. and i agree that the democratic legislators in massachusetts might have given some advice to republicans in congress about how to cooperate. but the fact of the matter i
next week. likewise, a study by mckenzie and company said 30% are anticipating dropping them from coverage. for those reasons, for the tax, for medicare, for this board, and for people losing their insurance, this is why the american people don't want obama care. it's why republicans said do not do this. and the republicans had a plan. they put a plan, a bipartisan plan. it was swept aside. i think something this big, this important, has to be done on a bipartisan basis. we have to have a...
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. >> ari, before last week, president obama was showing strong signs of improvement on the economy, closing the gap in most polls. but i want to show you a number. the pew poll shows that 54% of registered voters agree with the phrase doubt that obama knows how to turn the economy around. what do you make of that? >> that's been consistent, and it's been mitt romney's hope. if this is an election about the state of the economy and whether the president is partially or enough to blame for the bad economy, he's going to lose. that's why you see the president has been launching an attack against bain and other things that he was doing. so that's been the weakness and the numbers, too, that i'm looking for on the inside the polls are mitt romney's attributes and his ratings among independents because forget whether the polls are skewed for ds or rs, as long as mitt romney keeps winning independents, chances are mitt romney's going to win. in this pew poll, he won independents today, having nothing to do with whether it's skewed one party or the other. that's something to keep your eye on. romne
. >> ari, before last week, president obama was showing strong signs of improvement on the economy, closing the gap in most polls. but i want to show you a number. the pew poll shows that 54% of registered voters agree with the phrase doubt that obama knows how to turn the economy around. what do you make of that? >> that's been consistent, and it's been mitt romney's hope. if this is an election about the state of the economy and whether the president is partially or enough to...
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but when barack obama is on the campaign stump, some of the things that he uses are very effective with the audience. he gets a lot of feedback from that campaign stump. and when he brought that game into that auditorium last night and started to talk about things like, you know, like ending tax breaks and getting people back to work, it seemed like those things backfired with a very powerful mitt romney standing next to him. let me show you exactly what i mean and i want to ask you about it on the other side. >> part of the way to do is to not give tax breaks to companies that are shipping shops overseas. right now, you can actually take a deduction for moving a plan overseas. i think most americans would say that doesn't make sense and all of that raises revenue. >> you said you debt a deduction for take ago plant overseas? look. i've been in business 25 years. i have no idea what you're talking about. i maybe need to get a new accountant but the idea that you get a break for shipping jobs overseas is simply not the case. what we do have right now is bringing money overseas back to th
but when barack obama is on the campaign stump, some of the things that he uses are very effective with the audience. he gets a lot of feedback from that campaign stump. and when he brought that game into that auditorium last night and started to talk about things like, you know, like ending tax breaks and getting people back to work, it seemed like those things backfired with a very powerful mitt romney standing next to him. let me show you exactly what i mean and i want to ask you about it on...
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it may be more aggressive than we saw this time than president obama last week. maybe he'll bring up the 47% and bain capital. stay tuned, suzanne. >> tell us a little bit about that debate that happened not with the real guys, but fox news's bill o'reilly and comedy central's john stewart facing off over the weekend. >> yeah. i think this was a little more entertaining than the one we saw last wednesday. these guys dent have the burden of running for president, but enough of me. let's take a listen. >> mike is here in the audience sxfshgs he asked this question. if you could see any american elected president, who would you choose and why? >> i would say clint eastwood have to be my guy. >> well, why don't we ask him. so, um -- what? tell them to do what? >> that was one of the lighter moments. you know, there was some serious parts to this debate. both gentlemen talked policy, and i think, though, the american viewers were the winners in that debate, suzanne. >> absolutely. thank you, paul. you can watch the vice presidential debate right here on cnn. joe biden
it may be more aggressive than we saw this time than president obama last week. maybe he'll bring up the 47% and bain capital. stay tuned, suzanne. >> tell us a little bit about that debate that happened not with the real guys, but fox news's bill o'reilly and comedy central's john stewart facing off over the weekend. >> yeah. i think this was a little more entertaining than the one we saw last wednesday. these guys dent have the burden of running for president, but enough of me....
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president obama trying to bounce back from his debate performance hits the campaign trail this week making stops in california and the key battleground state of ohio. he's also expected to visit other swing states later in the week and continue preparing for his next presidential debate. >> reporter: i'm paul steinhauser at the political deck. foreign policy will be in the spotlight tomorrow when republican challenger mitt romney gives what's being billed as a major speech at the virginia military institute. but the highlight of the week will be the vice presidential debate. vice president joe biden and congressman paul ryan face-off thursday in their only showdown in danville, kentucky. >> reporter: i'm poppy harlow in new york. wall street gears up for earnings season this week. lots of big companies reporting, including aluminum jind al gian and jpmorgan case. did earnings decline in the third quarter. also ahead this week, the latest inflation data and a look at consumer sentiment. we'll track all that and the week's business news on cnn money. >> reporter: i'm "showbiz tonight's" a.j.
president obama trying to bounce back from his debate performance hits the campaign trail this week making stops in california and the key battleground state of ohio. he's also expected to visit other swing states later in the week and continue preparing for his next presidential debate. >> reporter: i'm paul steinhauser at the political deck. foreign policy will be in the spotlight tomorrow when republican challenger mitt romney gives what's being billed as a major speech at the virginia...
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. >>> so more now on our top story of the day, maybe the week. the latest on the jobs numbers out from the labor department, the unemployment rate unexpectedly, quite unexpectedly, actually, falling to 7.8 last month. that's first time that it dropped below 8% since president obama took office. on top of that, employers added 14,000 jobs during september. the expectations were around 110,000. and so the numbers that were really lousy back in the summer were also revised upward too. it is a bit of an icing on the cake story. the employers added 86,000 more jobs in july and in august than the department had initially estimated. before i go into more than that, more on that, i want to jump over to the president. he's live on the stump now in fairfax, virginia, at george mason university. clearly a friendly crowd, not only behind him, but in front. let's listen to what he has to say. perhaps he'll talk about jobs. >> thank you. thank you so much! thank you. thank you. everybody have a seat. have a seat. thank you. well, it is good to be here. i am so
. >>> so more now on our top story of the day, maybe the week. the latest on the jobs numbers out from the labor department, the unemployment rate unexpectedly, quite unexpectedly, actually, falling to 7.8 last month. that's first time that it dropped below 8% since president obama took office. on top of that, employers added 14,000 jobs during september. the expectations were around 110,000. and so the numbers that were really lousy back in the summer were also revised upward too. it...
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both of them showed a lot more energy than barack obama did last week. >> howie, it's ryan. listen. in that clip, the thing i thought was interesting about this debate is jon stewart, it seems to me he's sort of grown into a more of -- less of a comedian and more of a pundit role in the last couple years. his thing was always that you can't really hold him responsible for his views because he's skritrictly a comedian. he would laugh about the fact he's on comedy central, this low budget cable channel. there he is talking about what he would do about health care. do you think this guy has sort of -- there's an evolution here going on with stewart? >> absolutely. i've been watching that evolution for years. you'll remember he had the million moderate march or whatever it was called down on the mall here in dc a couple years ago. he wants to be taken seriously. he's a very sharp critic. not just of those of us in the media who sometimes get stung by what he has to say. but of the political scene. and i think as you watch him on "the daily show," yes, he is a very cogent comic. but more
both of them showed a lot more energy than barack obama did last week. >> howie, it's ryan. listen. in that clip, the thing i thought was interesting about this debate is jon stewart, it seems to me he's sort of grown into a more of -- less of a comedian and more of a pundit role in the last couple years. his thing was always that you can't really hold him responsible for his views because he's skritrictly a comedian. he would laugh about the fact he's on comedy central, this low budget...
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obama at 45%. that's a significant shift from only a few weeks ago. same poll, likely voters at obama 51%. romney, 43%. that's a dramatic shift indeed. let's get the reaction, jim acosta is traveling with the republican presidential nominee. what are they saying, jim? >> reporter: wolf, i can tell you right now that mitt romney is standing behind me addressing an understandably small crowd of supporters here at newport news, virginia, it is raining buckets here. but that's not dampening the enthusiasm of the romney campaign. they feel very good about this poll that just came out from the pew research center, showing a four-point lead among likely voters for mitt romney over the president. that is a kind of poll that they have not seen in some time. so they're very happy about that. i got some instant response from a senior romney official who told me over an e-mail a few moments ago that they are encouraged by the enthusiasm that they're seeing from supporters who they call energized. we have been seeing that over the last several days at various camp
obama at 45%. that's a significant shift from only a few weeks ago. same poll, likely voters at obama 51%. romney, 43%. that's a dramatic shift indeed. let's get the reaction, jim acosta is traveling with the republican presidential nominee. what are they saying, jim? >> reporter: wolf, i can tell you right now that mitt romney is standing behind me addressing an understandably small crowd of supporters here at newport news, virginia, it is raining buckets here. but that's not dampening...
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the republican party might hate obama enough and be frus stratr enough to let him wink and do more. if so he faces something far more challenging than a good debate never the last weeks of the campaign. he faces a moderate republican. let's get started. -- captions by vitac -- www.vitac.com >>> america's biggest corporations have a unique per expect tifb on the economy. i recently had an opportunity to talk to the heads of three very different, very successful businesses if finance, in manufacturing, and in technology. when i chaired the panel for the clinton global initiative. they are lloyd blankfein the chairman and ce o o of goldman sachs. andrew live russ, the chairman and ceo of dow chemical and john chambers the chair manned and ceo of cisco. the conversation was fascinating. listen in. >>> lloyd, let me start with you. when you look at the global economy, right now, you know, what is it, four years after the crash, what does it look like to you? >> well, we're definitely in a m muddle-through phase, slow growth, very disappointing. but i think one of the things that was achi
the republican party might hate obama enough and be frus stratr enough to let him wink and do more. if so he faces something far more challenging than a good debate never the last weeks of the campaign. he faces a moderate republican. let's get started. -- captions by vitac -- www.vitac.com >>> america's biggest corporations have a unique per expect tifb on the economy. i recently had an opportunity to talk to the heads of three very different, very successful businesses if finance, in...
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it's a big week for candidates in this country. president barack obama is hoping to build momentum from that lower unemployment rate to hold a fundraiser in los angeles today, then eahe's heading to ohio. mitt romney is rallying in florida. he's giving a major foreign policy speech tomorrow. >>> we're following a shooting on the campus of the university of south alabama. a student reportedly naked and acting erratically is dad
it's a big week for candidates in this country. president barack obama is hoping to build momentum from that lower unemployment rate to hold a fundraiser in los angeles today, then eahe's heading to ohio. mitt romney is rallying in florida. he's giving a major foreign policy speech tomorrow. >>> we're following a shooting on the campus of the university of south alabama. a student reportedly naked and acting erratically is dad
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>> they've been cheerleading for barack obama for weeks now and i think they'll continue, but i'm not concerned about that. this will be the opportunity for mitt romney to talk directly to the american people without that filter and tell them about his plan for the next four years, because the american people, the american middle class know that they've been buried for the past four years, to borrow joe biden's phrase. they have been buried by debt, the higher taxes and know they're going to be buried further. in my state of virginia, small businesses and families will get hit hard by the obama tax increases as well as the defense cuts. that's why we like the plan of mitt romney, which is going to, on day one, allow us to do things like the keystone pipeline, open up that. those are good high-paying jobs, reverse regulations on coal that have cut 1,200 jobs in virginia. also tell the state that -- >> excuse me. i was going to say, you think he's going to lay all of that out tonight in this 9 0-minute debate, all of those points? >> sure. he's going to be talking about how he's going t
>> they've been cheerleading for barack obama for weeks now and i think they'll continue, but i'm not concerned about that. this will be the opportunity for mitt romney to talk directly to the american people without that filter and tell them about his plan for the next four years, because the american people, the american middle class know that they've been buried for the past four years, to borrow joe biden's phrase. they have been buried by debt, the higher taxes and know they're going...
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people aren't suddenly going to like him more than barack obama in the last five weeks of the campaign. get over it, yes, you may like barack obama more than me but he hasn't done the job. >> richard says barack obama needs to play it safe. you say, mitt romney, don't play it nice. that's an interesting summation of the debate strategies. i want to talk about vice president biden, a favorite subject for both of you. >> america loves joe biden. >> i love joe biden. he said something on the campaign trail something yesterday and the republicans were quick to pounce. let's listen to what he said. >> this is deadly earnest. how they can justify, how they can justify, raising attacks on the middle class has been buried the last four years. how in lord's name can they justify raising their taxes with these tax cuts? >> and this is how paul ryan responded. >> i thought he was taking my speech. you know what? we agree. the middle class has been buried over the last four years. they're being buried by obama care, by borrowing, taxes, spending, more regulations, all this uncertainty plaguing bus
people aren't suddenly going to like him more than barack obama in the last five weeks of the campaign. get over it, yes, you may like barack obama more than me but he hasn't done the job. >> richard says barack obama needs to play it safe. you say, mitt romney, don't play it nice. that's an interesting summation of the debate strategies. i want to talk about vice president biden, a favorite subject for both of you. >> america loves joe biden. >> i love joe biden. he said...
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president obama, the clear favorite over mitt romney, leading 70% to 26%. you can fairly say that's not even close and it is well outside the margin of error and that's critical because you know there is a saying that there is power in numbers. at least 12.2 million people expected to show up at the polls on election day. but that's barely half of latinos who are eligible to vote. and it could come down to location, location, location. the hispanic vote could be the deciding factor in several states, including the swing state of nevada. which is where miguel marquez takes us in the battle to win their vote. >> reporter: it might sound like mexico. but this is the fight for the white house. welcome to washo county, nevada, the front line in this battleground state. washo county's 250,000 voters are expected to decide whether the nevada goes blue or red. and latinos, about 30,000 votes here, could make the critical difference in a race that could come down to a few thousand votes. here's how nevada's 1.4 million votes break down and why washo is a battlegroun
president obama, the clear favorite over mitt romney, leading 70% to 26%. you can fairly say that's not even close and it is well outside the margin of error and that's critical because you know there is a saying that there is power in numbers. at least 12.2 million people expected to show up at the polls on election day. but that's barely half of latinos who are eligible to vote. and it could come down to location, location, location. the hispanic vote could be the deciding factor in several...
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even though both my wife and i have said publicly over the last couple weeks if romney arrives as tough, as aggressive with the clarity and the assertiveness he used in florida, we thought he would do very, very well but i got the sense that obama came in in a very relaxed way, without adequate preparation, and frankly was stunned at the intensity and at the facts. one of the challenges the obama team has with their whole new mantra which is if only mitt romney had been a nice person it would have been a better debate, romney just piled on with fact after fact after fact -- i'm talking about facts like 23 million unemployed is a pretty specific fact. >> what about this fact. what about this fact, mr. speaker. romney claimed that president obama's cutting $716 billion from medicare that will affect current people in the program. was that a fact? >> that certainly is what the congressional budget office says. the numbers for that have been pretty well vetted over and over again. >> our own cnn fact checker says it's false. president obama's affordable care act allows for a reduction in th
even though both my wife and i have said publicly over the last couple weeks if romney arrives as tough, as aggressive with the clarity and the assertiveness he used in florida, we thought he would do very, very well but i got the sense that obama came in in a very relaxed way, without adequate preparation, and frankly was stunned at the intensity and at the facts. one of the challenges the obama team has with their whole new mantra which is if only mitt romney had been a nice person it would...
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even though both my wife and i have said publicly over the last couple weeks if romney arrives as tough, as aggressive with the clarity and the assertiveness he used in florida, we thought he would do very, very well but i got the sense that obama came in in a very relaxed way, without adequate preparation, and frankly was stunned at the intensity and at the facts. one of the challenges the obama team has with their whole new mantra which is if only mitt romney had been a nice person it would have been a better debate, romney just piled on with fact after fact after fact -- i'm talking about facts like 23 million unemployed is a pretty specific fact. >> yeah. i can't answer why he didn't do that. but i can tell you this. i do know that he was waiting to hear from mitt romney about how he was going to pay for his $5 trillion tax cut and he didn't get an answer. i would love to know from newt gingrich, who i know has been working with and is a surrogate for the romney campaign. can he name two, at least two of the deductions that will be cut to be able to pay for the $5 trillion tax cut t
even though both my wife and i have said publicly over the last couple weeks if romney arrives as tough, as aggressive with the clarity and the assertiveness he used in florida, we thought he would do very, very well but i got the sense that obama came in in a very relaxed way, without adequate preparation, and frankly was stunned at the intensity and at the facts. one of the challenges the obama team has with their whole new mantra which is if only mitt romney had been a nice person it would...
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a week from tomorrow, obama versus romney. and then those two again, two weeks from today, that's the final debate before the election. so mitt romney to the, he gave this 20-minute speech on foreign policy. not exactly one of romney's stronger suits thus far. take a look at yet another poll here. the question being better on foreign policy shows him trailing the president by seven points on that one specifically. wolf blitzer, let's talk to you about all of this. joining me live from washington here. and we'll listen in a moment to that speech from mitt romney at vmi. let me ask you this, why a foreign policy speech this late in the election campaign? do you think he sees some sort of opening here? >> yes, i think that the killing of the american ambassador and three other americans in benghazi, libya, the consulate there, and the confusion surrounding the administration's explanation for what happened, the condemnation by some has given him a clear opening. take a look at what is happening throughout north africa and the mid
a week from tomorrow, obama versus romney. and then those two again, two weeks from today, that's the final debate before the election. so mitt romney to the, he gave this 20-minute speech on foreign policy. not exactly one of romney's stronger suits thus far. take a look at yet another poll here. the question being better on foreign policy shows him trailing the president by seven points on that one specifically. wolf blitzer, let's talk to you about all of this. joining me live from...
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next week we also have the vice presidential debate. it will be interesting to find out what kind of adjustments team obama will be making over the next few days. >> let's talk about those adjustments. how is the obama campaign reacting to the president's performance today? >> well, you know, first of all, they are praising his performance, saying it was a strong performance, but they're going after the substance, saying -- criticizing him, saying that his policies, his plans, what he said during the debate last night. there were a lot of flaws, distortions. take a listen to the president's campaign as senior adviser david axelrod on the "today" show this morning. >> i didn't say he was out debated. i think he treated the american people like adults and he told them the truth, which was a f d fundamental distinction between him and governor romney last night on a whole host of issues. i joked that governor romney put more preparation into it than they did into the invasion of normandy. i expected a strong performance. i got a strong per
next week we also have the vice presidential debate. it will be interesting to find out what kind of adjustments team obama will be making over the next few days. >> let's talk about those adjustments. how is the obama campaign reacting to the president's performance today? >> well, you know, first of all, they are praising his performance, saying it was a strong performance, but they're going after the substance, saying -- criticizing him, saying that his policies, his plans, what...
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three weeks ago it was for romney. now it's obama. i think biden's job is to sort of stop the bleeding. he doesn't need -- he needs to be a narrative. >> he can't attack. he has to defend. if it had gone well, he could have attacked ryan and romney. now he has to defend the president. >> well, i disagree completely because here's the problem with that. this mitt romney's the same mitt romney that we've known for the last six or seven months, the same mitt romney that voters very cautious with the last six or seven months. it's not about defending the president, it's about taking the fight to mitt romney making them defend, that fantasy show he put on during the other debate where he made stuff up and didn't know his own tax plan, making them stick to what they've been the last six or seven months. >> this is where i think paul ryan will have pressure on him and where i expect paul ryan to perform very well. i mean, i found obama's debate performance totally lacking in specifics. we still don't know what his tax plan is or his deficit
three weeks ago it was for romney. now it's obama. i think biden's job is to sort of stop the bleeding. he doesn't need -- he needs to be a narrative. >> he can't attack. he has to defend. if it had gone well, he could have attacked ryan and romney. now he has to defend the president. >> well, i disagree completely because here's the problem with that. this mitt romney's the same mitt romney that we've known for the last six or seven months, the same mitt romney that voters very...